Watch These MicroStrategy Levels as Bitcoin Hits Record, Stock Added to Nasdaq 100

Key TakeawaysMicroStrategy shares rose in premarket trading Monday after Bitcoin set a new record high and the company's stock was added to the Nasdaq 100 index.The stock has consolidated within a descending triangle, a chart pattern that often signals a move in the direction of a breakout or breakdown.The bars pattern tool, which extracts the recent trend higher that preceded the descending triangle and repositions it from the pattern’s upper trendline, forecasts an upside target of around $800.Investors s ...